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Farmers Insurance is leaving Florida in latest blow to homeowners (www.tampabay.com)

submitted 1 year ago by alyaza@beehaw.org to c/usnews@beehaw.org

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[–] alyaza@beehaw.org 4 points 1 year ago

Like, who would be buying these people’s homes that they’re leaving in FL in order to get a new place somewhere else?

in all probability, a state authority will eventually need to eat the cost and help resettle a large number of people currently living in Florida. whether that'll be Florida or the US government (or another party) remains to be seen.